Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 6 BR |
| Bathrooms: | 3 |
| Pets: | Pets No |
| Lot Size: | 0.12 Acres |
Financials
DescriptionGreat find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.
Amenities- Back Yard
- Cable Connected
- Decorative
- Electricity Connected
- Entrance Foyer
- Fire Escape
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Lighting
- Mailbox
- Natural Gas Connected
- Near Public Transit
- Near School
- Neighborhood
- Sewer Connected
- Smoke Detectors
- Storage
- Trash Collection Public
- Water Connected
Great find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.
- Back Yard
- Cable Connected
- Decorative
- Electricity Connected
- Entrance Foyer
- Fire Escape
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Lighting
- Mailbox
- Natural Gas Connected
- Near Public Transit
- Near School
- Neighborhood
- Sewer Connected
- Smoke Detectors
- Storage
- Trash Collection Public
- Water Connected
Great find ! Three family fully rented.
- 86 South Hamilton Street.
- Driveway
- Rear view of property, off street parking.
- Rear of building, rear entrance to first floor apartment. Fire escape for apartment 2 and 3.
- Inside view of two car garage.
- Staircase to loft over the garage.
- Loft over the garage
- Entry landing for the third floor apartment, vinyl flooring, ceiling fan.
- Wood flooring, radiator, drop ceiling.
- Full kitchen with stove, refrigerator, and an egress window to the fire escape.
- Bedroom with radiator heating unit, wood finished floors, and ceiling fan.
- Second bedroom with baseboard heating, wood flooring.
- Full bathroom, radiator, ceramic flooring and walls in tub area.
- Corridor with crown molding, radiator, stairway, and wood finished floors, emergency lighting.
- Apartment 1 Living area featuring a ceiling fan, and hard wood floors
- Apartment 1 bedroom.
- Apartment 1 kitchen
- Apartment 1bathroom
DescriptionGreat find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.
Amenities- Back Yard
- Cable Connected
- Decorative
- Electricity Connected
- Entrance Foyer
- Fire Escape
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Lighting
- Mailbox
- Natural Gas Connected
- Near Public Transit
- Near School
- Neighborhood
- Sewer Connected
- Smoke Detectors
- Storage
- Trash Collection Public
- Water Connected
Great find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.
- Back Yard
- Cable Connected
- Decorative
- Electricity Connected
- Entrance Foyer
- Fire Escape
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Lighting
- Mailbox
- Natural Gas Connected
- Near Public Transit
- Near School
- Neighborhood
- Sewer Connected
- Smoke Detectors
- Storage
- Trash Collection Public
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
